Variables definition of the file database_table_2_Rstats.dta:

identifier: the identification number of the bank

year_month: the first four digits are the year and the last two are the month of the observation

dum_t: =1 if the period is after the bank was authorized by the INSS; 0, otherwise (this variable is used only for authorized institutions regressions) 

dummy_authorized:=1 if the bank was authorized by the INSS until October, 2005; =0, otherwise

type_of_credit:=1 if the credit is personal loans, 2005; =0, if the credit is automobile loans

cluster_variable: is a combination of identifier and type_of_credit. It is the cross section dimesion of the panel

d_monthly_new_loans: first difference of the total credit granted by the bank in the respective year_month

d_monthly_interest_rates: first difference of the average interest rate of the credit granted by the bank in the respective year_month weighted by new loans

dum_time1-dum_time34: dummies of year-month from January, 2003 to October, 2005.










